Living in Princess Anne, Maryland
Cost of living, income, home prices, rent and demographics of Princess Anne · Census data 2020–2024
Princess Anne has 3,569 residents with a median age of 27.6. The median household income is $69,116 (33% lower than the Maryland median), the median home value is $231,900, the median rent is $1,048/month.
Princess Anne at a glance
- Population
- 3,569
- Median age
- 27.6State: 39.4
- Median household income
- $69,116State: $103,678
- Median home value
- $231,900State: $419,900
- Median rent
- $1,048/moState: $1,705
- Homeowners
- 42.7%
- Bachelor's degree or higher
- 34.8%
- Average commute
- 20 min
Is Princess Anne a good place to live?
Pros: Home values 45% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 33% lower than the Maryland median; unemployment of 5.9%; a poverty rate of 22.7%.
The weather is best in April–May and September–October.
Cost of living in Princess Anne
Housing is the biggest part of the cost of living. In Princess Anne the median home value is $231,900, 30% lower than the U.S. median. Renters pay a median of $1,048 per month, which is 31.4% of household income. Homeowners with a mortgage pay $1,615 a month in housing costs.
Princess Anne median household income
The median household income in Princess Anne is $69,116 and the income per person is $29,722. 22.7% of residents live below the poverty line (Maryland: 9.4%).
Housing in Princess Anne: homes for sale and rent
- Housing units
- 1,952
- Owner-occupied
- 42.7%
- Renter-occupied
- 57.3%
- Vacant
- 30.5%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.51
30.5% of homes are vacant most of the year, a sign that Princess Anne has many vacation and second homes.
Princess Anne demographics
- Population
- 3,569
- Median age
- 27.6
- Under 18
- 27.6%
- 65 and older
- 8.3%
- Households
- 1,357
- Foreign-born
- 15%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Princess Anne ›
Education in Princess Anne
34.8% of adults 25 and older in Princess Anne have a bachelor's degree or higher (Maryland: 43.4%), and 10.5% have a graduate or professional degree.
Jobs and commute in Princess Anne
- Unemployment rate
- 5.9%State: 4.9%
- Average commute
- 20 minState: 31 min
- Work from home
- 11%
- Drive alone
- 69.9%
- Public transit
- 0%
- Walk to work
- 5.2%
- Homes with broadband
- 89.2%
Princess Anne vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Princess Anne | 3,569 | $69,116 | $231,900 | $1,048 |
| Mount Vernon | 1,067 | $113,938 | $163,500 | — |
| Eden | 1,053 | $39,559 | $54,000 | — |
| Fruitland | 5,801 | $64,004 | $227,200 | $1,586 |
| Fairmount | 440 | $51,827 | $146,200 | — |
| Dames Quarter | 226 | $83,750 | $232,000 | — |
| Nanticoke | 434 | $94,189 | — | — |
| Pocomoke City | 4,405 | $53,203 | $199,000 | $836 |
More for people moving to Princess Anne
Princess Anne ZIP code ›Weather and climate ›Living in Princess Anne: FAQ
What is the median household income in Princess Anne, MD?
The median household income in Princess Anne is $69,116, 33% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Princess Anne?
The median home value in Princess Anne is $231,900, compared with $419,900 in Maryland.
How much is rent in Princess Anne?
The median gross rent in Princess Anne is $1,048 per month, about 31.4% of household income.
Is Princess Anne, MD a good place to live?
Pluses: home values 45% lower than the state median; an average commute of 20 minutes. Minuses: median household income 33% lower than the Maryland median; unemployment of 5.9%; a poverty rate of 22.7%.
What is the median age in Princess Anne?
The median age in Princess Anne is 27.6 years (Maryland: 39.4).
How long is the commute in Princess Anne?
The average commute to work in Princess Anne is 20 minutes; 11% of workers work from home.
What is the unemployment rate in Princess Anne?
The unemployment rate in Princess Anne is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Princess Anne?
34.8% of adults in Princess Anne have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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